Monday, 16 May 2011
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India: Spot rubber declines on global cues
KOTTAYAM, MAY 16: Domestic rubber prices ruled weak on Monday. On the spot, the market fell in tune with the declines on the National Multi Commodity Exchange (NMCE), which subsequently reflected the global weakness in the commodity. There was no fresh demand from the tyre sector. The volumes were dull. Sheet rubber surrendered to Rs 226 (228) a kg, according to traders. The grade slipped to
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